Earnings Per Share

12 Months Ended

Dec. 31, 2024

The following table summarizes earnings per share calculations for the years ended December 31, 2024, 2023 and 2022:


	2024		2023		2022
Basic earnings (loss) per common share
Net income (loss) attributable to Quaker Chemical Corporation	$	116,644	$	112,748	$	(15,931)
Less: (income) loss allocated to participating securities	(375)		(555)		92
Net income (loss) available to common shareholders	$	116,269	$	112,193	$	(15,839)
Basic weighted average common shares outstanding	17,850,462		17,892,461		17,841,487
Basic earnings (loss) per common share	$	6.51	$	6.27	$	(0.89)

Diluted earnings (loss) per common share
Net income (loss) attributable to Quaker Chemical Corporation	$	116,644	$	112,748	$	(15,931)
Less: (income) loss allocated to participating securities	(375)		(554)		92
Net income (loss) available to common shareholders	$	116,269	$	112,194	$	(15,839)
Basic weighted average common shares outstanding	17,850,462		17,892,461		17,841,487
Effect of dilutive securities	19,605		22,348		15,005
Diluted weighted average common shares outstanding	17,870,067		17,914,809		17,856,492
Diluted earnings (loss) per common share	$	6.51	$	6.26	$	(0.89)

Certain stock options, restricted stock units and PSUs are not included in the diluted earnings per share calculation when the effect would be anti-dilutive. The number of anti-dilutive shares were 32,353, 10,621, and 28,222 for the years ended